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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Revenues $ 77,938 $ 61,162 $ 233,959 $ 186,686
Operating Expenses:        
Voyage Expenses 64,832 45,394 195,931 143,246
Vessel Depreciation 6,130 6,100 17,705 18,180
Other Depreciation 17 9 51 9
Administrative and General Expenses 4,994 5,643 16,597 15,871
Gain on Dry Bulk Transaction            
Loss/(Gain) on Sale of Other Assets 6 3 6 (4,463)
Total Operating Expenses 75,979 57,149 230,290 172,843
Operating Income 1,959 4,013 3,669 13,843
Interest and Other:        
Interest Expense 3,109 2,144 7,387 7,152
Derivative Loss 768 129 486 97
Gain on Sale of Investment       (66)
Other Income from Vessel Financing (522) (588) (1,616) (1,815)
Investment Income (9) (117) (91) (391)
Foreign Exchange Loss/(Gain) 457 1,143 (4,560) (771)
Total Interest and Other Income 3,803 2,711 1,606 4,206
(Loss) Income Before Provision (Benefit) for Income Taxes and Equity in (Loss) Income of Unconsolidated Entities (1,844) 1,302 2,063 9,637
Provision/(Benefit) for Income Taxes:        
Current 18 4 68 280
Deferred   (400)   (400)
Income Tax Expense 18 (396) 68 (120)
Equity in Net (Loss) Income of Unconsolidated Entities (Net of Applicable Taxes) (360) 84 (705) 665
Net (Loss) Income (2,222) 1,782 1,290 10,422
Preferred Stock Dividends 1,076   1,920  
Net (Loss) Income Available to Common Stockholders $ (3,298) $ 1,782 $ (630) $ 10,422
Basic and Diluted Earnings per Common Share:        
Basic Earnings Per Common Share: (in dollars per share) $ (0.46) $ 0.25 $ (0.09) $ 1.45
Diluted Earnings Per Common Share: (in dollars per share) $ (0.46) $ 0.25 $ (0.09) $ 1.45
Weighted Average Shares of Common Stock Outstanding:        
Basic (in shares) 7,248,350 7,203,860 7,233,807 7,192,818
Diluted (in shares) 7,248,350 7,220,901 7,233,807 7,208,886
Common Stock Dividends Per Share (in dollars per share) $ 0.250 $ 0.250 $ 0.750 $ 0.750